The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …
Economy
- EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
- BusinessConsumer ProtectionEconomyEnergyNigeriaOil & GasPetroleum
Dangote Refinery Launches Hotline to Check Overpricing of Petrol at MRS Stations
Dangote Petroleum Refinery has announced the launch of a dedicated nationwide hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit, also known as …
- BusinessEconomyEducationManufacturingNigeriaPrivate SectorTrade & Investment,
Dangote Urges Nigeria to Boost Local Production
The Chairman of Dangote Group, Aliko Dangote, has called on Nigeria to increase local production and strengthen backward integration as key steps toward becoming Africa’s leading manufacturing hub. He said …
- BankingBusinessEconomyEnergyFinanceNigeriaOil & Gas
Chappal Energies Secures $430m Financing to Strengthen Asset Portfolio and Support Growth Strategy
Chappal Energies, through its subsidiary, Chappal Investments Limited, has completed major financing transactions valued at a total of $430m, marking an important step in the company’s financial and strategic expansion …
- CommunityCorporate Social Responsibility,DevelopmentEconomyIndustryManufacturingNigeria
Dangote Cement Gboko Launches Community Empowerment Programmes
Dangote Cement Plc, Gboko Plant, has rolled out a wide-ranging social intervention programme aimed at promoting sustainable economic empowerment and improving the living conditions of its host communities in Benue …
- BusinessEconomyEnergyGlobal MarketsSouth AfricaTransport
Stronger Rand, Lower Oil, but Higher Fuel Costs for Motorists
by Radarr Adminby Radarr AdminIn spite of setbacks recorded in 2025, both in local and global markets, motorists have ended the year only slightly worse off when it comes to fuel prices. The year …
- BusinessEconomyIndustryManufacturingNigeriaTrade
Nigeria’s Textile Imports Jump to N814.27bn in Nine Months as Industry Revival Efforts Falter
Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …
- EconomyFinance & ServicesNigeriaPensionPublic PolicyRegulation
PenCom Extends Pension Industry Recapitalisation Deadline to June 2027
The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …
- Arts & CultureBusinessEconomyEntertainmentLagos News
AFRIMA 2026 as City Hosts 9th All Africa Music Awards
The Lagos State Government, major Nigerian corporates, international partners, and private sector organisations have pledged strong support for the 9th edition of the All Africa Music Awards, AFRIMA, scheduled to …
- BankingDevelopmentEconomyGovernment PolicyInternational Affairs
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of efforts to expand access to finance for micro, small and medium enterprises …